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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Giordano Bruno who wrote (109257)3/12/2008 9:45:10 AM
From: DebtBombRead Replies (1) of 306849
 
Freddie Mac CEO sees U.S. home prices falling further

(So we're only 1/3rd the way there?)

By Robert Schroeder
Last update: 8:51 a.m. EDT March 12, 2008

FRE 20.16, +2.77, +15.9%) said Wednesday. On a call with analysts, Richard Syron said housing prices have fallen a third as far as they're going to go. Freddie Mac's shares finished trading on Tuesday at $20.16, up nearly 16% after the Federal Reserve said it would loan Wall Street $200 billion in a move to boost liquidity. End of Story
marketwatch.com
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